1-800-Citicorp
Just when you thought it was
safe to go back in the bankcard water, AT&T Corp.'s Universal
Card unit will be purchased by Citicorp, the nation's largest credit
card company, according to industry sources.
Citicorp will purchase the
division, as well as the right to retain the AT&T name and
calling-card privileges. The combined long-distance calling card and
credit card has 18 million customers and is the nation's
eighth-largest credit card issuer. Citicorp has 37 million Visa and
MasterCard clients.
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